Business Context and Reporting Period
This Form 6-K filing by Diageo plc covers the period from 1 to 31 October 2024. The report serves as a notification of public announcements made to the London Stock Exchange, including updates on total voting rights, final dividend details, and transactions by Persons Discharging Managerial Responsibilities (PDMRs).
Key Financial Metrics and Capital Structure
- Issued Capital (as of 30 Sept 2024): 2,432,423,264 Ordinary Shares of 28 101/108 pence each.
- Treasury Shares: 207,333,387 Ordinary Shares held in Treasury (no voting rights).
- Total Voting Rights: 2,225,089,877.
- Final Dividend: 47.23 pence per ordinary share (Sterling equivalent of 62.98 US cents).
- Dividend Payment Date: 17 October 2024.
- Exchange Rate Used: US$1 = £0.74992.
Note: This filing does not contain revenue, profit, cash flow, margin, debt, or liquidity metrics for the period.
Material Changes and Transactions
The filing details several share transactions by directors and executive committee members during October 2024:
- Share Purchases (10 Oct 2024): Chairman Javier Ferrán purchased 327 shares at £25.31. Multiple Executive Committee members (Ewan Andrew, Cristina Diezhandino, Daniel Mobley, Dayalan Nayager, Louise Prashad, Tom Shropshire) purchased 6 partnership shares each at £25.30 and received 3 matching shares each under the Diageo 2001 Share Incentive Plan.
- Dividend Reinvestment (23-28 Oct 2024): Various PDMRs received Ordinary Shares under the Dividend Reinvestment Plan in respect of the final dividend paid on 17 October 2024. Transaction prices ranged from £25.83 to £26.20.
Guidance, Outlook, and Risks
This filing does not provide management commentary, financial guidance, outlook, or specific risk factors. It is a compliance document reporting on capital structure and insider trading activities.
Investor Verification Checklist
- Verify the total number of voting rights (2,225,089,877) for calculating disclosure thresholds under FCA rules.
- Confirm the final dividend payment of 47.23 pence per share was processed on 17 October 2024.
- Review the specific shareholding changes for Chairman Javier Ferrán and Executive Committee members to assess insider confidence.
- Check the exchange rate of £0.74992 used for the USD to GBP dividend conversion.